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20110712
20110712
Search Results 0 to 2 of about 3 (some duplicates have been removed)
a prayer for today's meeting then you have senator jon kyl, a republican, saying that the white house essentially walked away from $500 billion in cuts that the do sides had already agreed to so no one right now can point to any progress that these talks are achieving. >> pelley: senator mcconnell proposed a stopgap plan today in case they miss the deadline. what was that about? >> well, it's a pretty complicated plan, scott, and it essentially boils down to allowing the president to raise the debt limit in fits and starts over the next year and a half and essentially puts off any talk of spending cuts to a later date. the plan went over with a thud among house republicans who see this as giving in, but mcconnell says that he doesn't want to be a party to default and he certainly doesn't want republicans to be blamed if there is a default, scott. >> pelley: thanks, nancy. this deal to reduce the deficit could be huge. somewhere between $1 and $4 trillion. they're talking about taxes, social security, medicare, defense and most everyone agrees thisv it has to be done by next week to gi
is at stake with special interests. and finally have the media. i'm going to tell michele bachmann story. jon stewart made this point. he said 24-hour cable was invented for o.j. simpson. it was invented for the o.j. trial. o.j. does not kill somebody every day, thank goodness. the problem is, these people have to fill those 24 hours even when o.j. has not murdered somebody. so what they do is fill it with michele bachmann. i have a particular grievance with her. i was speaking at the university of indiana. this is a real story. six months ago, i was talking to their honor society. i go back to the hotel room and i turned on the t b. -- i turned on the tv. it is cnn. anderson cooper is doing a story where he is explaining he has to rebut and correct a story he had on the night before. what was the story? congresswoman michele bachmann was on the night before and said that president obama's trip to india was going to cost $2 billion. what ever it was. and he had let it go. he did a wonderful thing, anderson cooper. he'd be constructed the whole -- deconstructed the whole story, showed how it b
Search Results 0 to 2 of about 3 (some duplicates have been removed)